How RangeMe is Using AI to Supercharge Product Discovery for Retail Buyers
With approximately 30,000 food and CPG products launched each year, the challenge for retail and foodservice buyers is finding the right products amidst this vast number of possible choices. RangeMe’s Immediate Opportunities have helped buyers from retailers like convenience store giant Casey’s streamline their product discovery by providing a means for focusing their product discovery efforts, but even these can result in hundreds – if not thousands – of submissions.
To take things one step further, RangeMe is leveraging artificial intelligence to transform how buyers review applications for their Immediate Opportunities. By aggregating disparate data points into concise, actionable summaries, RangeMe is now helping buyers boost their capabilities of finding the absolute best products in record time.
What Are RangeMe Immediate Opportunities?
For those unfamiliar with the term, Immediate Opportunities (often used interchangeably with Limited Time Campaigns) are specialized sourcing initiatives where buyers put out a call for suppliers to fill specific needs. Whether a buyer is looking for innovative new products to refresh an existing assortment, seeking private label manufacturers, or sourcing across categories for sustainably-made items, these campaigns allow suppliers to submit their products for direct consideration.
These campaigns typically run for a set window of time, typically …
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